Valuation of Investment
This query is : Resolved
24 May 2011
What is the treatment of "loss due to fall in Market Value of Shares" in computation of total income?
24 May 2011
no such provision
investment would stay at cost untill it is booked/ sold.
investment would stay at cost untill it is booked/ sold.
24 May 2011
Hi Satheesh,
Actually thats depends on the nature of investments i.e Held for maturity or Available for trade (IFRS). If it is AFS then change in Market value will not have any effect on P&L and if the investment is held for trading purpose then the unrealized gain or loss will charge to P&L.
Regards
Amit
Actually thats depends on the nature of investments i.e Held for maturity or Available for trade (IFRS). If it is AFS then change in Market value will not have any effect on P&L and if the investment is held for trading purpose then the unrealized gain or loss will charge to P&L.
Regards
Amit
24 May 2011
then the effect for unrealized gain or loss will go to the P&L and value of the investment in B/S will be reduced by the same amount.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- GST Regis.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- RCM INVOICING FROM NOV-2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Tds on building rent monthly
- Disallowance of Section 43B(h) to sez units
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
